After minor fluctuations earlier this week, the gold price in Pakistan remained unchanged on Saturday, providing a brief sense of stability to traders and investors. Market observers reported no shift in rates across major gold categories, both in local and international markets.
Rates Hold Steady Across the Board
On Saturday, the price of 24-karat gold per tola held firm at Rs349,700. This steady rate comes after a slight decline on Friday, which had raised concerns of further fluctuations. However, the market managed to settle, and no new price change was observed over the weekend.
Similarly, the price for 10 grams of 24-karat gold remained stable at Rs299,811. For buyers preferring 22-karat gold, the 10-gram price stayed consistent at Rs274,836.
This level of consistency is welcome news for jewelers and gold investors who have been navigating a volatile market in recent months. The price pause offers a moment to evaluate future buying and selling strategies without the pressure of sudden market shifts.
Silver Prices Mirror Gold’s Calm
Alongside gold, silver prices also showed no movement. The rate of 24-karat silver per tola held steady at Rs3,417. This continued stability in silver further reinforces the overall market calm over the weekend.
Silver, often seen as a more accessible investment for small-scale buyers, benefits from this consistency, allowing more predictable planning for both short-term and long-term investors.
Read: Pakistan Stock Exchange Announces Top Performing Brokerage Firms for March 2025
Global Market Reflects the Same Trend
The local price freeze also mirrors international trends. Globally, gold maintained its rate at $3,326 per ounce, indicating a synchronized moment of pause in global commodity trading. This alignment between domestic and global prices helps reduce the risk of arbitrage and ensures uniformity for importers and exporters dealing in precious metals.
Market Sentiment Remains Cautiously Optimistic
Dealers and market analysts describe the current environment as stable but cautious. While the steadiness is appreciated, many believe it could be temporary. The international gold market remains sensitive to geopolitical tensions, currency movements, and changes in U.S. Federal Reserve policies.
However, for now, investors and jewelers in Pakistan are breathing easier. The unchanged rates give customers confidence to make purchases or plan investments without fearing immediate price hikes.
Looking Ahead
As the market heads into the next trading week, all eyes will remain on both international cues and domestic developments. If the current trend of price stability continues, it could create a more favorable climate for buyers ahead of the upcoming wedding season, when demand typically surges.
For now, though, the gold and silver markets in Pakistan offer a rare moment of stillness—a pause that many in the trade are more than happy to enjoy while it lasts.
Follow us on Google News, Instagram, YouTube, Facebook,Whats App, and TikTok for latest updates
